_trump-faces-massive-losses-as-commercial-real-estate-market-slumps.jpg "Trump Faces Massive Losses as Commercial Real Estate Market Slumps from 1974 comedy forced movies Video Screenshot Preview")
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✓ Published: 02-Mar-2024
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✓ Published: 02-Mar-2024
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Donald Trump faces huge losses if he is forced to sell commercial real estate properties to cover the $454 million fraud verdict against him. The commercial property market is currently brutal, with values down 22% on average over the past year. Many sellers are being forced to accept drastically lower prices than in previous years. Trump's properties like 40 Wall Street in Manhattan, have declined significantly in value in recent years. His liquid assets may not be enough to cover posting a full appeal bond while challenging the verdict. Trump Media & Technology Group is planning to go public, but that windfall is months away and depends on the stock price.
Donald Trump faces huge losses if he is forced to sell commercial real estate properties to cover the $454 million fraud verdict against him. The commercial property market is currently brutal, with values down 22% on average over the past year. Many sellers are being forced to accept drastically lower prices than in previous years. Trump's properties like 40 Wall Street in Manhattan, have declined significantly in value in recent years. His liquid assets may not be enough to cover posting a full appeal bond while challenging the verdict. Trump Media & Technology Group is planning to go public, but that windfall is months away and depends on the stock price.
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